BETFORM: ENHANCING THE EFFICIENCY OF SOCIAL BETTING PLATFORM THROUGH BLOCKCHAIN SMART CONTRACTS

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Dear readers, I warmly welcome everyone to my blog. Today, I will be analyzing some facts regarding Betform ICO project. I will be shedding some light into how Betform as a new generation Social Betting platform will enhance the efficiency of their platform through Blockchain Smart Contracts thereby making all Gaming activities 100% secured and transparent.

It is popularly known that the Blockchain ecosystem has gained so much popularity over recent years. As we all know Blockchain is gaining Globally attention, most businesses, organization and the

governments want to integrate this new trending Technology into their system in other to ensure maximum efficiency, security, and transparency in their various ecosystem.

As we all know Ideas don’t come fully formed, technology is known to have emanated from Ideas and it keeps growing, it never stands still. In this article, I will like to discuss extensively Betform blockchain Gaming platform, a new generation of online-casino betting platform powered by the blockchain technology.

Betform is designed to support a peer to peer gaming. Using the platform, the need for middlemen is naturally eliminated. Betform uses blockchain technology to create a gaming network that houses traditional functions such as paying out winning and offering quarterly rewards.

Betform strives to enable large user access to a wide range of blockchain games thereby enabling ease of access and maximum security standard. This was able to be accomplished by connecting blockchains, leveraging on the smart contract and payment channels which enabled maximum security and cost reduction.

BETFORM platform plans to be the best decentralized social betting platform that offers a series of games to players at various levels which this will be made possible with the adoption of blockchain technology. BETFORM will ensure transparency and security in producing the outcome of its games within the platform. The platform is opened to all sportslovers in the world, in which users can easily invite their friends and at the same time making new friends in the platform. In an efforts to ensure the smooth operation of the platform, BETFORM has acquired all necessary license for operation and this has somewhat proved the Platform legality.In an attempts to boost the adoption and ensuring massive access to their Platform, BETFORM will also develop an APP which will help users and players with the acquisition of BETFORM native token. The APP will be linked and connected with a third-party exchange which means users will be able to buy any amount of BETFORM token without any restrictions or limitations.

Betform Mission

Betform mission is to be established as a top decentralized social betting platform that offers players a wide range of multiplayer blockchain games at a maximum degree of convenience while adhering to the highest security standards in the ecosystem. They are able to do this by connecting blockchains, leveraging on the smart contracts, and payment channels, which works in a completely secure, instantaneous and low-cost manner.Sport Betting Legalized.

The betting industry has blossomed regardless of its legality. Illegal sports betting is a multi-billion-dollar industry (some estimates are as high as $150 billion); anyone who wants to place a bet can do so easily online or through local office pools and offshore books. Now, after the Supreme Court decision, states will be more inclined to consider or pass legislation to legalize sports betting, thus allowing people to continue betting but in a regulated and fairer environment. It will also prevent them from dealing with questionable bookies. Moreover, addicts will have fewer stigmas, which may make it easier for them to seek help.

Legalizing sports betting will create huge state tax revenues. More importantly, it has the potential to create jobs (estimated between 125,000-152,000 jobs) for the American people. Researchers estimate that legalized, regulated sports betting could actually bring in a total of $6 billion in annual revenue for states by 2023. Moreover, it has the potentialto bring huge money into the United States and keep it there. Currently, most of the betting takes place online. It is more than likely that legalizing sports betting in America will trigger American telecommunications and tech companies to take over the international market.

Betform Games

The Betform platform offers numerous types of casino-betting games , planning to have several more games deployed. Some of them include:

Mah-jong (Chinese-based board game)

Big Two (Chinese-based card game where the winner is the one who plays all his or her cards)

Texas Hold’em

Betform Platform Features

(1) Provably Fair Gaming with the aid of Smart contracts which will ensure that winners are paid instantly in a transparent way.

(2) Fun and Social : Social Features Social features will help users stay in touch with each other and make new friends.

(3) Transparency and Security

(4) Regulated: Regulated The platform will operate in accordance with regulations

(5) Erc20 token compatible wallet APP : The Betform platform will integrate an ERC20 Betform Coin (BFC). All gaming activities envisaged by the Betform solution will employ this coin

(6) Unlimited winnings : Daily & Weekly Rewards Program Betform offers daily and weekly rewards for loyal players.

(7) Quarterly Jackpot

(8) Token Burning

All the aforementioned features above is what makes BETFORM unique and outstanding among others of its kind.

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